I looked at Rhodium 2 years ago, and decided to pass it. Even if I have a time machine, I still won't buy Rhodium because I may not be able to sell it in Singapore (I guess Alor even has problems selling Pd). Secondly, I won't be able to build up a meaningful position because the risk is high.
I remember eyeing off a 2.5oz PM gold bar a few months ago at $4500 from Ainslie... it’s now at $6400. Amazing to watch, but I’ll still get my hands on it ASAP because I think we have quite a bit to go here.
I remembered just 3 or 4 months ago, gold was ding dong-ing between 1450 and 1500 and we were all talking about whether it will drop to 1300s. In the end, the lowest it went was around 1450s. It stayed between 1450 and 1480 for a very long time.
Maybe a pullback will be when the gold reaches $3000-no one knows. The gold went up $50 from the time you've posted your message...
there were no problem selling my Pd it's just the price discount obscene had been holding part till now.... it cost a lot to sell them, opportunity costs. sold them in 2018 Dec 28~31
https://www.bullionstar.com/sell/ it is transparent, and you need to book it online and deliver the metals to the store they can check and confirm, and you get your cash, IC is presented